Rep. Adam Kinzinger (R) speaks out after a law he supported in 2014 has truck drivers outraged.
Protesters lined up outside the Statehouse last week against the Multi-Employer Pension Reform Act. It cuts benefits for workers and retirees because the fund is in danger of running out. But, that means some 400,000 retired truck drivers saw pension paychecks cut in half. Kinzinger says that’s unfortunate, but can’t be helped.
“At the end of the day, you can’t invent money,” said Kinzinger. “Illinois is doing the same thing trying to invent money that doesn’t exist. You have benefits that are promised that simply aren’t paid for and you have to find the best way out to preserve those benefits for people.”
A Rockford retired truck driver says he’ll rally in Washington, D.C. next week in support of a federal proposal to suspend the cuts.